Fed rate decision, bitcoin above $106K, markets: 3 Things

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The Federal Reserve meets in Washington, D.C., for the central bank's December policy meeting, the last of 2024, where Wall Street expects officials to cut interest rates by 25 basis points.

Bitcoin (BTC-USD) rallied above $106,000 early Monday morning, as software firm MicroStrategy (MSTR) remains incredibly bullish on the cryptocurrency with plans to continue buying bitcoin.

US stock futures (ES=F, NQ=F, YM=F) rally today, shaking off last week's performances from market averages as market breadth appears to decline.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.